Please answer. I am confused. Thank you.

N&B Equipment Company's current ratio is 1.3333 V and its quick ratio is 0.7467 y ; Jing Foodstuffs Corporation's current ratio is and its quick ratio is 0.9289 v Note: Round your values to four decimal places. Which of the following statements are true? Check all that apply. Jing Foodstuffs Corporation has a better ability to meet its short-term liabilities than N&B Equipment Company. If a company's current liabilities are increasing faster than its current assets, the company's liquidity position is weakening. An increase in the quick rat over time usually means that the company's liquidity position is improving and that the company is managing its short-term assets well. compared to N&B Equipment Company, Jing Foodstuffs Corporation has less liquidity and a lower reliance on outside cash flow to finance its short-term obligations. V An increase in the current ratie over time always means that the company's liquidity position is improving. Attempts: Keep the Highest: 120 1. Liquidity ratios A liquid asset can be converted to cash quickly without significantly impacting the asset's value. Which of the following asset classes is generally considered to be the most liquid? O Accounts receivable O Inventories The most recent data from the annual balance sheets of N&B Equipment Company and Jing Foodstuffs Corporation are as follows: N&B Equipment Company's current ratio is 1.3333 and its quick ratio is 0.7467 Y ; Jing Foodstuffs Corporation's current ratio is and its quick ratio is 0.9289 v Note: Round your values to four decimal places. Which of the following statements are true? Check all that apply. Jing Foodstuffs Corporation has a better ability to meet its short-term liabilities than N&B Equipment Company. If a company's current liabilities are increasing faster than its current assets, the company's liquidity position is weakening. An increase in the quick ratio over time usually means that the company's liquidity position is improving and that the company is managing its short-term assets well. Compared to N&B Equipment Company, Ding Foodstuffs Corporation has less liquidity and a lower reliance on outside cash flow to finance its short-term obligations. An increase in the current ratio over time always means that the company's liquidity position is improving. The most recent data from the annual balance sheets of N&B Equipment Company and Jing Foodstuffs Corporation are as follows: Jing Foodstuffs Corporation Balance Sheet December 31st (Millions of dollars) N&B Equipment Jing Foodstuffs Company Corporation N&B Equipment Company Assets Liabilities Current assets Current liabilities Cash $574 $369 Accounts payable $0 $0 Accounts 210 135 Accruals 127 0 receivable Inventories 616 396 Notes payable 717 675 $1,400 Total current $900 Total current $844 $675 liabilities assets Long-term bonds 1,031 8 25 Net fixed assets Total debt 1,100 $1,875 $1.500 1,100 Net plant and equipment Common equity $325 Common stock $406 Retained 219 175